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Mish Fined 8,000 Euros for Quoting French Blog

MishTalk

On September 2, 2011, the Wall Street Journal chimed in with A French Banking Primer. trillion balance sheet is leveraged nearly 49-to-1. As a group, these three banks have some €4 trillion in assets on their balance sheets, supported by €129.3 French Banking Primer. of its assets—which means its €1.6

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Syriza Trounces New Democracy; Greeks Stop Paying Taxes; Run on Greek Banks Escalates; Get Out!

MishTalk

The Wall Street Journal reports Greece’s Radical Leftist Syriza Party Poised to Win Election, Exit Polls Say. Here''s an interesting quote from the Journal. A finance ministry official confirmed on Friday that state revenues had collapsed this month. Syriza appeared set to win between 35.5%

Banking 28
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Laughable Eurozone Banking "Non-Union"; Expect Disorderly Breakup

MishTalk

The latest proposals could see up to 126 people being consulted on how to wind up a bank, even though agreement might need to be reached over the course of a weekend while financial markets are closed. 12 and seen by The Wall Street Journal, was described by German officials as reiterating Berlin''s concerns expressed in recent talks.

Banking 73